Brightstar Lottery (BRSL)
NYSE:BRSL
Want to see BRSL full AI Analyst Report?
Earnings Data
Report Date
Aug 04, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.11Last Year’s EPS
0.12Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mix of solid operational and financial strengths—robust adjusted EBITDA growth, strong iLottery momentum, Italy product success, disciplined capital returns and a strong liquidity position—against several near-term headwinds including modest reported revenue growth, a material noncash service amortization impact (~$50M/quarter), U.K. transition effects, and a New Jersey LMA shortfall driven by jackpot volatility. Management reiterated full-year targets and stressed confidence in second-half acceleration driven by product launches, digital expansion and retail initiatives. The positives (profitability expansion, digital growth, balance sheet/ liquidity, and shareholder returns) were notable but balanced by near-term revenue and jackpot-related challenges.Company Guidance
Revenue and Constant Currency Growth
Quarterly revenue of ~$587–$590M, up 1% as reported and up 3% on a constant currency basis excluding service revenue amortization. Growth driven by strong Italy performance and favorable U.S. mix.
Adjusted EBITDA Expansion
Adjusted EBITDA of $287M, up 15% as reported and up 5% at constant currency. Reported EBITDA margin nearly 49% (approximately 42% excluding increased license fee amortization).
Strong iLottery Momentum
Global iLottery wagers increased 30% in Q1; U.S. wagers up 36%; Italy wagers up 27%. 11 iLottery platforms deployed and e-instant content across 12 jurisdictions.
Italy Retail and Product Innovation
Italy same-store sales grew 3%; successful launches of Infinity Instants (€5/€10) and Milione Di Manta (€30) which set a new single-day wagering record. B2C digital buildout progressing with ~1M monthly app users and full mobile wagering planned later in Q2.
Balance Sheet and Liquidity Strength
Ended the quarter with net debt leverage of 2.4x and total liquidity of ~€1.8B after paying the final Italy license installment; expect leverage to peak around 3.5x midyear then decline. Revolver refinanced to March 2031 and €200M term loan repaid.
Shareholder Returns and Capital Allocation
Returned >$70M to shareholders in Q1 ($30M share repurchases, $42M dividend / $0.23 per share). Ongoing $500M buyback program ~60% executed and ordinary dividend increased ~15% over past two quarters (paused this quarter).
Operational Efficiency and Cost Programs
Optima efficiency program and AI-driven initiatives contributed to flow-through and cost savings; management cited ongoing productivity gains supporting margin expansion.
Growth Investments and New Market Initiatives
Investing in self-service vending machines (cashless capability), national retailer rollout in the U.S., Sao Paulo full-service lottery build (digital H2 2026, retail 2027), and Italy terminal upgrades (Q3 completion).
BRSL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BRSL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2026 | $12.77 | $11.55 | -9.55% |
Feb 24, 2026 | $12.82 | $13.48 | +5.13% |
Nov 04, 2025 | $16.05 | $16.12 | +0.42% |
Jul 29, 2025 | $13.67 | $14.71 | +7.63% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Brightstar Lottery (BRSL) report earnings?
Brightstar Lottery (BRSL) is schdueled to report earning on Aug 04, 2026, Before Open (Confirmed).
What is Brightstar Lottery (BRSL) earnings time?
Brightstar Lottery (BRSL) earnings time is at Aug 04, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BRSL EPS forecast?
BRSL EPS forecast for the fiscal quarter 2026 (Q2) is 0.11.